Biden's Build America, Buy America law spurs affordable housing bottleneck as Trump's federal staffing cuts slow waiver approvals | Fortune
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Biden's Build America, Buy America law spurs affordable housing bottleneck as Trump's federal staffing cuts slow waiver approvals | Fortune
""They need to be treating this like the fire that it is," said Tyler Norod, president of Westbrook Development Corporation, which builds affordable housing in Maine."
""I'm just trying to keep a roof over my head, but it's getting more and more difficult," Lene said. "I don't like to live in fear, and yet sometimes it jumps in there.""
The Build America, Buy America law aims to revive U.S. manufacturing but has created significant challenges for affordable housing projects. Developers face delays and increased costs as many necessary products do not meet the Made in the USA requirement. The waiver process for non-compliance has stalled, exacerbating the affordable housing crisis. Individuals like Diana Lene struggle with high housing costs, highlighting the urgent need for more affordable units. The law's implementation is leading to fewer housing units being built during a critical time of need.
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